HMRC's latest Employment Related Securities (ERS) Bulletin contains some handy tips. Here is our enhanced version.

Non-statutory clearance process

See HMRC Tax Clearance Guidance

Use of “Catch all” rules

Enterprise Management Incentives (EMI)

Notifying replacement options:

Notifying errors within 9 months of notification being given to HMRC:

Options granted between 6 April 2018 and 15 May 2018:

Options capable of exercise after a person’s death:

Share Incentive Plans (SIPs) and Stamp Duty

Common return errors identified

The most common return errors are:

ERS penalties

HMRC estimates that the number of penalties issued based on a 2017 to 2018 ERS return not being filed is:

HMRC asks all companies to check they have filed a return and that their address, and contact details are correct.

HMRC’s most common ERS issues and top things to remember